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PennyStockChaser.com: Pennystockchaser.com: www.pennnystockchaser.com: Penny Stock Chaser Alerts, December 11, 2009: TSYS, GFRE, USEG and SIRO
[December 11, 2009]

PennyStockChaser.com: Pennystockchaser.com: www.pennnystockchaser.com: Penny Stock Chaser Alerts, December 11, 2009: TSYS, GFRE, USEG and SIRO


Dec 11, 2009 (M2 PRESSWIRE via COMTEX) -- Pennystockchaser.com Alerts include TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS); Gulf Resources, Inc. (Nasdaq: GFRE); U.S. Energy Corp. (Nasdaq: USEG) and Sirona Dental Systems, Inc. (Nasdaq: SIRO) -- December 11, 2009 TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) trading at $8.83 on a volume of 75,190 shares Defense Information Technology Contracting Office Awards TeleCommunication Systems $6 Million Managed Bandwidth Contract TCS Supports U.S. Army Central Command Requirements in Afghanistan ANNAPOLIS, MD, Dec 11, 2009 -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading provider of mission-critical wireless communications, today announced that it has received a three-year, $5.9 Million contract incrementally funded at $2 million from the Defense Information Technology Contracting Office (DITCO) to provide the U.S. Army Central Command (CENTCOM) with space segment for its Afghanistan operations. This is a three-year contract if all options are exercised. CENTCOM is funding this procurement through GSA's SATCOM II contract vehicle.



About TeleCommunication Systems, Inc. TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) engineers and delivers highly reliable wireless communications technology. TCS is a leader in wireless text messaging and location-based technology, including E9-1-1 services and commercial applications like navigation that use the precise location of a wireless device, and secure satellite-based communications systems and services. Customers include leading wireless and VoIP carriers around the world, cable MSOs, automotive telematics vendors, and agencies of the U.S. Departments of Defense, State, and Homeland Security. TCS is one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle. For more information, visitwww.telecomsys.com.

-- December 11, 2009 Gulf Resources, Inc. (Nasdaq: GFRE) trading at $10.01 on a volume of 297,760 shares.


Gulf Resources Enters into $25.0 Million Private Placement Agreement NEW YORK and SHANDONG, China, Dec 11, 2009 -- Gulf Resources, Inc. (Nasdaq: GFRE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products located in Shandong Province, China, today announced that it has entered into a definitive agreement with institutional investors pursuant to which it has agreed to sell, in a private placement, 2,941,182 shares of its common stock at a price of $8.50 per share. The Company expects gross proceeds of approximately $25.0 million. The Company expects the financing to close on or prior to January 1, 2010, subject to satisfaction of certain customary closing conditions. Brean Murray, Carret & Co., LLC acted as the exclusive placement agent for the financing.

About Gulf Resources, Inc.

Gulf Resources, Inc. operates through two wholly-owned subsidiaries, Shouguang City Haoyuan Chemical Company Limited ("SCHC") and Shouguang Yuxin Chemical Industry Co., Limited ("SYCI"). The Company believes that it is one of the largest producers of bromine in China. Elemental Bromine is used to manufacture a wide variety of compounds utilized in industry and agriculture. Through SYCI, the Company manufactures chemical products utilized in a variety of applications, including oil & gas field explorations and as papermaking chemical agents. For more information about the Company, please visit http://www.gulfresourcesinc.cn .

-- December 11, 2009 U.S. Energy Corp. (Nasdaq:USEG) trading at $5.13 on a volume of 2.74M shares U.S. Energy Corp. Prices Public Offering of 5,000,000 Shares of Common Stock at $5.25 Per Share RIVERTON, Wyo., Dec 11, 2009 -- U.S. Energy Corp. (Nasdaq:USEG) ("USE" or the "Company") today announced that it has priced an underwritten public offering of 5,000,000 shares of common stock at a public offering price of $5.25 per share. USE has also granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock to cover over-allotments, if any.

About U.S. Energy Corp.

U.S. Energy Corp. is a diversified natural resource company with interests in oil and gas, molybdenum, geothermal and real estate assets. The Company is headquartered in Riverton, Wyoming, and its common stock is listed on The NASDAQ Capital Market under the symbol "USEG".

-- December 11, 2009 Sirona Dental Systems, Inc. (Nasdaq: SIRO) closed at $32.40 on a volume of 1.44M shares.

Sirona Dental Systems Prices 7.35mm Secondary Share Offering LONG ISLAND CITY, N.Y., Dec 11, 2009 -- Sirona Dental Systems, Inc. ("Sirona") (Nasdaq: SIRO) today announced the pricing of the previously announced public offering by Sirona Holdings Luxco S.C.A. of 7,100,000 shares of common stock and 250,000 shares by Jeffrey T. Slovin, at a price to the public of $32.75 per share. The offering is expected to close on December 16th, 2009 subject to customary closing conditions. Sirona Dental Systems, Inc. will not receive any proceeds from this sale of its common stock. One of the selling stockholders, Sirona Holdings Luxco S.C.A., has also granted the underwriter a 30-day option to purchase up to 1,102,500 additional shares of common stock.

About Sirona Dental Systems, Inc.

Sirona has served dealers and dentists worldwide for more than 130 years. Sirona develops, manufactures, and markets a complete line of dental products, including CAD/CAM restoration systems (CEREC), digital intra-oral, panoramic and 3D imaging systems, dental treatment centers and handpieces. Contact John Sweeney, CFA, Vice President, Investor Relations, at 718-482-2184 or [email protected] for more information about Sirona and its products.

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